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Accumulated Other Comprehensive (Loss) Income
12 Months Ended
Dec. 31, 2024
Accumulated Other Comprehensive (Loss) Income  
Accumulated Other Comprehensive (Loss) Income

9.  Accumulated Other Comprehensive (Loss) Income

The following tables shows the changes in other comprehensive (loss), net of tax income for the past two years:

For the year ended December 31, 2024

 

Net unrealized

 

Net unrealized

 

Accumulated

 

(losses) gains on

 

gains (losses) from

 

other

 

securities

 

cash flow hedges

 

comprehensive

(In thousands)

net of tax

 

net of tax

 

(loss) income

Balance, beginning of period

    

$

(3,408)

$

671

    

$

(2,737)

Other comprehensive income (loss) before reclassifications

 

755

(796)

 

(41)

Less amounts reclassified from accumulated other comprehensive loss

 

(671)

 

(671)

Period change

 

755

 

(125)

 

630

Balance, end of period

$

(2,653)

$

546

$

(2,107)

For the year ended December 31, 2023

 

Net unrealized

 

Net unrealized

 

Accumulated

 

(losses) gains on

 

gains (losses) from

 

other

 

securities

 

cash flow hedges

 

comprehensive

(In thousands)

net of tax

 

net of tax

 

(loss) income

Balance, beginning of period

    

$

(4,381)

$

1,121

    

$

(3,260)

Other comprehensive income (loss) before reclassifications

 

870

(1,085)

 

(215)

Less amounts reclassified from accumulated other comprehensive loss

 

(103)

(635)

 

(738)

Period change

 

973

 

(450)

 

523

Balance, end of period

$

(3,408)

$

671

$

(2,737)